Enlink Midstream LLC (ENLC)

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Enlink Midstream LLC stock is currently priced at $13.59, with a 24-hour trading volume of 1.68M. It has seen a +0.82% increased in the last 24 hours and a +6.09% rose in the past month. The chart indicates a potential bullish trend, as the stock is above the $13.47 pivot point. If it approaches the $13.62 resistance level, significant changes may occur.

Enlink Midstream LLC Stock (ENLC) Financials Data

Enlink Midstream LLC (ENLC) Revenue 2024

ENLC reported a revenue (TTM) of $6.88 billion for the quarter ending December 31, 2023, a -27.80% decline year-over-year.

Enlink Midstream LLC (ENLC) Net Income 2024

ENLC net income (TTM) was $206.20 million for the quarter ending December 31, 2023, a -42.93% decrease year-over-year.

Enlink Midstream LLC (ENLC) Cash Flow 2024

ENLC recorded a free cash flow (TTM) of $777.00 million for the quarter ending December 31, 2023, a +8.40% increase year-over-year.

Enlink Midstream LLC (ENLC) Earnings per Share 2024

ENLC earnings per share (TTM) was $0.44 for the quarter ending December 31, 2023, a -40.54% decline year-over-year.

Enlink Midstream LLC Stock (ENLC) Latest News

Key Takeaways From EnLink Midstream Analyst Ratings

Benzinga

JP Morgan Maintains Neutral Rating for EnLink Midstream: Here's What You Need To Know

Benzinga

EnLink Midstream, LLC focuses on providing midstream energy services in the United States. It operates through five segments: Texas, Oklahoma, Louisiana, Crude and Condensate, and Corporate. The company is involved in gathering, compressing, treating, processing, transporting, storing, and selling natural gas; fractionating, transporting, storing, exporting, and selling natural gas liquids; and gathering, transporting, stabilizing, storing, and trans-loading crude oil, and condensate. Its midstream energy asset network includes approximately 11,000 miles of pipelines; 20 natural gas processing plants; 7 fractionators; barge and rail terminals; product storage facilities; brine disposal wells; and a crude oil trucking fleet. The company was founded in 2013 and is headquartered in Dallas, Texas. EnLink Midstream, LLC operates as a former subsidiary of Devon Energy Corporation.

Initiated	Pickering Energy Partners: Outperform	Oct-03-23
Initiated	UBS: Buy	Jun-26-23
Upgrade	Citigroup: Neutral → Buy	Mar-09-23
Initiated	Citigroup: Neutral	Dec-09-22
Initiated	Stifel: Buy	Sep-27-22
Upgrade	Morgan Stanley: Underweight → Equal-Weight	Jan-07-22
Upgrade	Raymond James: Mkt Perform → Outperform	Jun-14-21
Downgrade	RBC Capital Mkts: Outperform → Sector Perform	May-26-21
Upgrade	UBS: Neutral → Buy	Apr-23-21
Upgrade	JP Morgan: Underweight → Neutral	Feb-16-21
Upgrade	Wells Fargo: Underweight → Equal Weight	Nov-30-20
Downgrade	Credit Suisse: Neutral → Underperform	Apr-02-20
Downgrade	Barclays: Equal Weight → Underweight	Mar-24-20
Downgrade	Raymond James: Outperform → Mkt Perform	Mar-12-20
Downgrade	Robert W. Baird: Outperform → Neutral	Mar-09-20
Downgrade	Wells Fargo: Equal Weight → Underweight	Jan-07-20
Upgrade	Robert W. Baird: Neutral → Outperform	Dec-05-19
Downgrade	UBS: Buy → Neutral	Oct-08-19
Downgrade	Credit Suisse: Outperform → Neutral	Aug-19-19
Initiated	Mizuho: Neutral	Jul-25-19
Upgrade	Jefferies: Hold → Buy	Jul-15-19
Downgrade	Jefferies: Buy → Hold	Apr-15-19
Downgrade	Stifel: Buy → Hold	Apr-15-19
Resumed	Citigroup: Buy	Mar-12-19
Initiated	Stifel: Buy	Feb-08-19
Upgrade	Jefferies: Hold → Buy	Dec-20-18
Upgrade	Credit Suisse: Neutral → Outperform	Nov-13-18
Initiated	Tudor Pickering: Hold	Nov-05-18
Initiated	Credit Suisse: Neutral	Oct-11-18
Upgrade	RBC Capital Mkts: Sector Perform → Outperform	May-03-18